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Two Safe Ways to Profit From the "Alibaba Shockwave Effect"

In the mid-1990s, I was fortunate to meet and start working with an Upstate New York money manager named Anthony M. Gallea.

The relationship began when I attended and wrote stories about some of the investment seminars he periodically held for prospective and existing clients. He then became a “source” for some of the investment stories I periodically wrote for Gannett Newspapers. And we ultimately collaborated on a pretty successful book about “Contrarian Investing” that was published by Prentice Hall.

Along the way, Tony shared some pretty important snippets of investing wisdom…

May 2008 - Money Morning - Only the News You Can Profit From- Money Morning - Only the News You Can Profit From.

  • Global Investing Roundups

    Bear Stearns Shareholders Approve JPMorgan Sale; Sears Expects More Pain After Loss; Weak Economy Emboldening Costco; Pacific Rim GDP Growth; Staff Reduction at GM; Shareholders of The Bear Stearns Cos. Inc. (BSC) approved the government-assistant $2.3 billion acquisition by JPMorgan Chase & Co. (JPM), Bloomberg reported. The all-stock deal is expected to close today (Friday), […]

  • Cashing in on Commodities: Two Ways to Profit From the World’s Newest Markets

    Editor's Note: This is the fourth installment of a new Money Morning series highlighting investment opportunities in the global bull market in commodities.By Keith Fitz-GeraldInvestment DirectorMoney Morning/The Money Map Report Many people are in sticker shock thanks to high gas prices and oil that punched through the $135-a-barrel level recently, before sliding back. And many […]

  • Even Groucho Marx Would be Happy With Indonesia’s Profit Opportunities

    By Martin HutchinsonContributing Editor At times, you can tell a country by the company it keeps. Indonesia just announced it plans to leave the Organization of the Petroleum Exporting Countries (OPEC), the infamous cartel that tries to push our oil prices through the roof. That decision may not seem very significant, but consider it this […]

  • Dallas Fed President Lends Credibility to Money Morning’s Prediction That the Federal Reserve Will Soon be Boosting Interest Rates

    By William Patalon IIIExecutive EditorMoney Morning/The Money Map Report Just one day after Money Morning predicted that the U.S. Federal Reserve would soon be forced to increase interest rates, Dallas Fed President Richard W. Fisher said he expected the central bank would raise interest rates should inflationary pressures start causing severe consumer pain. "If inflationary […]

  • Gas Prices Roar to a New Record for the 22nd Straight Day

    By Jennifer YousfiManaging Editor Back when it was Esso, the Exxon Mobil Corp. (XOM) predecessor urged motorists to "put a tiger in your tank." These days, consumers probably feel more like they've got a tiger by the tail. And they should, for their family budget is certainly getting mauled. Retail gas hit its 22nd consecutive […]

  • U.S. Economy Expanded Faster than Reported, With First Quarter GDP Revised Upward to 0.9%

    By Jennifer Yousfi Managing Editor Real gross domestic product (GDP) increased at an annual rate of 0.9% in the first quarter, the Bureau of Economic Analysis (BEA) announced yesterday (Wednesday). "We are somewhere in the twilight zone between an expansion and a recession," Michael Feroli, an economist at JPMorgan Chase & Co. (JPM) in New […]

  • Yahoo’s Yang: Still Talking with Microsoft, Company Reorganizing 

    By Mike Caggeso Associate Editor In his most candid comments since thwarting a takeover attempt by Microsoft Corp. (MSFT), Yahoo! Inc. (YHOO) Chief Executive Officer Jerry Yang said that he believes the once-interested suitor no longer covets a full merger. Speaking from the stage at the D: All Things Digital conference yesterday (Wednesday), Yang said […]

  • The Latest Banking-Sector Credit Crisis Will Lead to That Sector's Next Group of Profit Plays

    By Keith Fitz-Gerald Investment Director Money Morning/The Money Map Report Three major U.S. banks – including Fifth Third Bancorp. (FITB) and Wachovia Corp. (WB) – got clobbered in recent days on the news that they've lost another $1.6 billion by making investments in the Citigroup Inc. (C) Falcon hedge fund that lost 75% of its […]

  • That Pain You Feel at the Pump is From a Dollar Crisis, Not an Oil Crisis

    By Peter D. Schiff Guest Columnist It's unfortunate that the U.S. Supreme Court, in its ruling last week that U.S. currency is unfair to the blind, did not make the next logical step and declare it unfair to everyone who buys gasoline. In their search for explanations as to why oil has surged past $130 […]

  • Global Investing Roundups

    Dow Enacts Biggest-Ever Price Increase; South Africa Inflation Soars 10.4% in April; GE Closes the Spigot on Water Use; Dollar Tree Sprouts 14% 1Q Profit, Fed Governor Retires; Rockefeller Proposal Defeated; DHL Delivered by UPS; Deceptive Dell    Global chemical producer Dow Chemical Co. (DOW) announced yesterday (Wednesday) that it would raise prices on all 3,200 […]